Eagle with Stars and Stripes
Continuously serving Kosciusko County since 1854

NAPPANEE - BUDGET ESTIMATE

Posted

NOTICE TO TAXPAYERS OF BUDGET ESTIMATES AND TAX LEVIES

Notice is hereby given the taxpayers of Elkhart and Kosciusko County, City of Nappanee, Indiana that the Common Council of the Civil City of Nappanee, at 300 W. Lincoln Street, Nappanee, IN on Septembe r 20, 2010 at 7:00 pm will conduct a public hearing on the budget. Following this meeting, any ten or more taxpayers may object to a budget, tax rate, or tax levy by filing an objecting petition with the proper officers of the political subdivision within seven days after the hearing. The objecting petition must i dentify the provisions of the budget, tax rate, or tax levy that taxpayers object to. If a petition is filed, th e political sub division shall adopt with its budget a finding concerning the objections filed and testimony present ed. Following the aforementioned meeting, the fiscal body will meet at 300 W. Lincoln Street, Nappanee, IN on October 18, 2010 at 7:00 pm to adopt the following budget. Net Assessed Valuation 260,949,900

Complete details of budget estimates by fund and/or department may be seen at the Clerk Treasurer’s

Offices.
BUDGET ESTIMATE
MAXIMUM ESTIMATED
BUDGET FUNDS TO BE RAISED EXCESSIVE LEVY CURRENT TAX
TOWNSHIP FUNDS ESTIMATE (Including Appeals & APPEALS LEVY
Levies Exempt From (Included In
Max. Levy Limitations) Column 3)
General 4,218,570 3,079,993 2,639,067
Motor Vehicle Highway 676,840 96,812 218,038
Park and Recreation 833,550 468,144 464,780
Aviation 79,050 32,619 44,651
Police Pension 97,298 9,858
Cumulative Fire Equipment 235,237 70,534
Cumulative Capital Development 360,000 130,475 102,350
Cumulative Capital Improvement 150,000
Local Roads and Streets 200,000
County Ec. Dev. Inc. Tax 588,389
Aviation Rotary 40,000
P&R Non-Revert-Camp 21,400
P&R Non-Revert-Spec Rec 52,250
Law Enforcement Cont. Ed 10,000
TIF West Industrial Park 255,000
Home and School Safety 300
Riverboat Rev. Sharing 120,000
TIF City Wide 745,000
Rainy Day Fund 130,000
GRAND TOTAL 8,812,884 3,808,043 3,478,744

Kimberly A. Ingle, IAMC, CMC, Clerk-Treasurer Date: August 26, 2010 a26, s2

The 2011estimated maximum levy limitation for this unit is 3,652,826 The Property Tax Replacement Credit used to reduce the rate for this unit is $0 in Kosciusko County and $100,000 in Elkhart County. Taxpayers appearing at the hearing shall have an opportunity to be heard.